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Liberty Broadban 10-Q Filings

LBRDA NASDAQ

Every 10-Q that Liberty Broadban (LBRDA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LBRDA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LBRDA filings page.

Rhea-AI Summary

Liberty Broadband Corporation reported a sharp swing to loss for the quarter ended June 30, 2026, driven by a $3.0 billion impairment on its equity method investment in Charter Communications. Net loss from continuing operations was $2,125 million, compared with net earnings of $356 million a year earlier, or a basic loss of $14.86 per share versus earnings of $2.49. Operating results were modest, with general and administrative expense falling to $4 million from $10 million, improving the operating loss to $4 million.

At June 30, 2026, Liberty Broadband’s total assets were $5,683 million, down from $8,830 million, largely reflecting the reduced Charter investment, whose carrying and market value were both about $5.5 billion. Total debt declined to $1,223 million as all 3.125% exchangeable senior debentures were retired in April 2026 for $966 million, funded with its Margin Loan Facility and restricted cash, while a new $359 million term loan from Charter helped repay Margin Loan borrowings after the loan‑to‑value ratio exceeded 50%. Cash and restricted cash ended the period at $43 million.

Liberty Broadband owns an approximate 32.5% economic interest and 25.01% voting control in Charter, which generated second‑quarter revenue of $13,526 million and net income attributable to Charter shareholders of $1,292 million. Charter continues to invest in rural broadband expansion and is working toward the planned combination with Liberty Broadband, which is intended to close contemporaneously with Charter’s separate Cox Transactions.

Rhea-AI Summary

Liberty Broadband reported net earnings from continuing operations of $203 million for the quarter ended March 31, 2026, down from $234 million a year earlier, driven mainly by lower equity earnings from Charter and higher dilution losses. Basic EPS from continuing operations was $1.42.

Total assets rose to $9.85 billion, primarily reflecting its equity-method investment in Charter Communications, carried at $8.7 billion. Liberty Broadband owns about 33.1% of Charter’s economic interest while controlling 25.01% of its voting power under long-standing governance caps.

The company used a $1.6 billion Margin Loan Facility and restricted cash to support settlement of its $965 million 3.125% exchangeable senior debentures due 2053, which were fully put and repurchased on April 6, 2026. Cash, cash equivalents and restricted cash totaled $1.024 billion at quarter end.

Liberty Broadband continues to move toward its approved combination with Charter and has already divested the GCI business via the GCI Divestiture, now reported as discontinued operations. Charter repurchased $190 million of its Class A shares from Liberty Broadband in the quarter, providing liquidity while maintaining Liberty Broadband’s ownership near agreed thresholds.

Rhea-AI Summary

Liberty Broadband reported third‑quarter 2025 results reflecting the completed spin-off of GCI and pending combination with Charter. The company recorded a net loss of $154 million, driven by discontinued operations linked to GCI. Continuing operations benefited from its Charter stake, with share of earnings of affiliate $295 million and earnings before income taxes $255 million in the quarter.

Total assets were $13.2 billion at September 30, 2025, down from $16.7 billion at year‑end, reflecting the GCI divestiture. The GCI distribution (0.20 GCI Liberty share per Liberty Broadband share) closed on July 14, 2025, and included a $534 million impairment charge recorded in discontinued operations.

Debt totaled $1.81 billion, including an $840 million margin loan (SOFR + 1.875%) and $965 million of 3.125% exchangeable debentures due 2053. The company settled $952 million of its 2054 debentures in cash. Cash flow from investing was $907 million, largely from Charter’s repurchase of Liberty’s Charter shares; financing used $889 million mainly for debt repayment. The Charter merger remains approved, with closing aligned to Charter’s announced combination with Cox.